Many are lamenting the fact that 30 year interest rates have gone north of 4%.
They feel like they’ve missed their chance to get a rate in the 3’s.
You may not have considered this, but it’s still possible to get rates well below 4% in today’s market through the use of ARMs.
I just created a detailed page on my web site that contains a payment chart for ARM rates based on various loan sizes.
You should check it out! …for instance did you realize you can get a payment as low as $694 on a $150,000 mortgage? (rate and apr are listed on the page)
…or a $300,000 loan for $1,389 a month!
I also give you the two best reasons for getting an ARM.
I encourage you to check it out. …See how low we could get your payment!
That’s it for today!
Have a good day today! …and thanks for reading.
Brett
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